Connecticut Seeks 2,000 MW of Offshore Wind Capacity

LCG, August 22, 2019--The Connecticut Department of Energy and Environmental Protection (DEEP) on Friday released a request for proposals (RFP) for offshore wind power projects. DEEP is seeking up to 2,000 MW, as required under Public Act 19-71, An Act Concerning the Procurement of Energy Derived from Offshore Wind.

Read more

EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model

LCG, August 13, 2019--The U.S. Energy Information Administration (EIA) announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook (STEO), the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting. EIA uses the solution results provided by this proprietary model to develop the STEO forecasts of monthly electricity generation, fuel consumption, and wholesale prices.

Read more

Industry News

SoCal Cities Propose 240 Megawatt Burbank Plant

LCG, May 10, 2001The city of Burbank, Calif., along with Anaheim, Colton, Glendale and Pasadena as partners, has proposed development of a 240 megawatt generating unit that would be built at an existing power plant belonging to the Burbank Water and Power department.

Burbank said yesterday it would submit an application for certification to the California Energy Commission on Monday for the Magnolia Power Project. "The cities are proposing to construct a clean-burning, natural gas-fueled generating unit by mid-2004 to provide participants a reliable, long-term electricity resource," said Ronald E. Davis, Burbank Water and Power's general manager.

Because the site has been used as a power plant since 1941, Davis said much of the infrastructure is already in place, such as the natural gas supply pipeline and electrical transmission system. In addition, reclaimed water will be used for cooling, to the extent practicable.

In about 12 months, decommissioned generation structures on the site will be removed prior to installation of a combustion turbine-generator, heat-recovery steam generator and exhaust stack over a 30-month period, Burbank said. Construction will include a turbine-generator building, cooling tower, andcontrol and administrative buildings.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service